PHOCEENS CARS AGENCE VOYAGES : revenue, balance sheet and financial ratios

PHOCEENS CARS AGENCE VOYAGES is a French company founded 69 years ago, specialized in the sector Transports routiers réguliers de voyageurs. Based in DRAP (06340), this company of category GE shows in 2024 a revenue of 2.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - PHOCEENS CARS AGENCE VOYAGES (SIREN 957810542)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 863 513 € 2 844 840 € 2 774 784 € 2 730 502 € 2 869 908 € 3 508 447 € 3 638 903 € 3 496 087 € N/C
Net income 1 025 811 € -125 768 € -69 977 € 20 370 € 16 238 € -6 414 € 10 404 € -101 080 € 34 398 €
EBITDA 38 950 € -121 723 € -227 132 € -149 613 € -54 074 € 5 039 € -305 228 € -169 617 € N/C
Net margin 35.8% -4.4% -2.5% 0.7% 0.6% -0.2% 0.3% -2.9% N/C

Revenue and income statement

In 2024, PHOCEENS CARS AGENCE VOYAGES achieves revenue of 2.9 M€. Activity remains stable over the period (CAGR: -2.8%). Vs 2023: +1%. After deducting consumption (0 €), gross margin stands at 2.9 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 39 k€, representing 1.4% of revenue. Positive scissor effect: EBITDA margin improves by +5.6 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.0 M€, i.e. 35.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 863 513 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 863 513 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

38 950 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

90 036 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 025 811 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.4%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 78%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 42.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.005%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

78.404%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

42.64%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

42.0%

Solvency indicators evolution
PHOCEENS CARS AGENCE VOYAGES

Sector positioning

Debt ratio
0.01 2024
2022
2023
2024
Q1: 0.05
Med: 13.36
Q3: 53.47
Excellent

In 2024, the debt ratio of PHOCEENS CARS AGENCE VOYAGES (0.01) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
78.4% 2024
2022
2023
2024
Q1: 19.49%
Med: 38.63%
Q3: 57.22%
Excellent +24 pts over 3 years

In 2024, the financial autonomy of PHOCEENS CARS AGENCE VOYAGES (78.4%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.3 years
Excellent -14 pts over 3 years

In 2024, the repayment capacity of PHOCEENS CARS AGENCE VOYAGES (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 441.82. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 528.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

441.824

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

528.878

Liquidity indicators evolution
PHOCEENS CARS AGENCE VOYAGES

Sector positioning

Liquidity ratio
441.82 2024
2022
2023
2024
Q1: 120.71
Med: 178.19
Q3: 288.37
Excellent +27 pts over 3 years

In 2024, the liquidity ratio of PHOCEENS CARS AGENCE VOYAGES (441.82) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
528.88x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 3.69x
Excellent +54 pts over 3 years

In 2024, the interest coverage of PHOCEENS CARS AGENCE VOYAGES (528.9x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 48 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 111 days. Excellent situation: suppliers finance 63 days of the operating cycle (retail model). Overall, WCR represents 468 days of revenue, i.e. 3.7 M€ to permanently finance.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

3 719 417 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

48 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

111 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

468 j

WCR and payment terms evolution
PHOCEENS CARS AGENCE VOYAGES

Positioning of PHOCEENS CARS AGENCE VOYAGES in its sector

Comparison with sector Transports routiers réguliers de voyageurs

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of PHOCEENS CARS AGENCE VOYAGES is estimated at 668 573 € (range 250 382€ - 1 476 883€). With an EBITDA of 38 950€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.14x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
85 tx
250k€ 668k€ 1476k€
668 573 € Range: 250 382€ - 1 476 883€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
38 950 € × 1.4x
Estimation 54 522 €
15 300€ - 154 725€
Revenue Multiple 30%
2 863 513 € × 0.14x
Estimation 404 582 €
304 444€ - 907 622€
Net Income Multiple 20%
1 025 811 € × 2.5x
Estimation 2 599 690 €
756 997€ - 5 636 169€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 85 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Transports routiers réguliers de voyageurs)

Compare PHOCEENS CARS AGENCE VOYAGES with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers réguliers de voyageurs

Frequently asked questions about PHOCEENS CARS AGENCE VOYAGES

What is the revenue of PHOCEENS CARS AGENCE VOYAGES ?

The revenue of PHOCEENS CARS AGENCE VOYAGES in 2024 is 2.9 M€.

Is PHOCEENS CARS AGENCE VOYAGES profitable?

Yes, PHOCEENS CARS AGENCE VOYAGES generated a net profit of 1.0 M€ in 2024.

Where is the headquarters of PHOCEENS CARS AGENCE VOYAGES ?

The headquarters of PHOCEENS CARS AGENCE VOYAGES is located in DRAP (06340), in the department Alpes-Maritimes.

Where to find the tax return of PHOCEENS CARS AGENCE VOYAGES ?

The tax return of PHOCEENS CARS AGENCE VOYAGES is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does PHOCEENS CARS AGENCE VOYAGES operate?

PHOCEENS CARS AGENCE VOYAGES operates in the sector Transports routiers réguliers de voyageurs (NAF code 49.39A). See the 'Sector positioning' section above to compare the company with its competitors.